
Newfoundland, New Jersey
Type: Office, Retail
Size: 3,000 sqft. | .82 acres
- Full description below -
Newfoundland, New Jersey
🏢 3,000 SF Class A Office | Cannabis-Compatible Redevelopment Opportunity | 0.82 Acres | $1.2M
📊 Investment Highlights
Asking Price: $1,200,000
Property Type: Office
Sub Type: Traditional Office / Cannabis-Compatible
Class: A
Tenancy: Vacant (Owner-User or Investor Ready)
Square Footage: ±3,000 SF
Lot Size: ±0.82 Acres
Zoning: Commercial / Office (Cannabis-Permitted Use Potential)
Occupancy: Vacant
Redevelopment Potential: Yes – Large Site Footprint with Expansion Options
🧾 Executive Summary
A rare opportunity to acquire a Class A professional office building in Newfoundland, New Jersey, offering cannabis-permitted zoning and redevelopment flexibility across 0.82 acres.
This ±3,000 SF property is currently configured as a law office, featuring modern finishes, multiple private offices, reception area, conference room, and ample on-site parking. The vacant status allows for immediate occupancy by an owner-user or tenant, while the large lot size provides long-term potential for expansion, redevelopment, or adaptive reuse under the area’s flexible commercial zoning.
The site’s cannabis-compatible designation makes it an ideal candidate for conversion to professional cannabis offices, compliance centers, or administrative support for a licensed operator — or, alternatively, as a turnkey office investment in a growing regional market.
Located near key North Jersey corridors, this property benefits from excellent accessibility, strong demographics, and stable market fundamentals, making it well-positioned for a variety of business, investment, or redevelopment strategies.
🏢 Property Overview
Building Size: ±3,000 SF
Lot Size: ±0.82 Acres
Configuration: Single-Story Professional Office
Current Use: Law Office (Vacant)
Condition: Class A / Move-In Ready
Zoning: Commercial / Office – Cannabis Use Permitted
Parking: Ample On-Site Surface Parking
Potential Uses:
Professional or Medical Office
Cannabis Administration / Support Facility
Boutique Retail or Wellness Center
Redevelopment for Mixed Commercial Use
📍 Location Highlights
Situated in Newfoundland, New Jersey, this property lies within reach of major northern New Jersey corridors while retaining the privacy and space of a suburban setting. The area offers direct access to Route 23, connecting to Interstate 287, I-80, and Route 46, providing strong regional connectivity to Wayne, West Milford, and the broader Morris and Passaic County markets.
The surrounding community supports a mix of professional services, local businesses, and medical users — ideal for continued office operations or conversion to specialized commercial use.
🌿 Cannabis & Redevelopment Potential
Zoning: Cannabis-permitted use under local ordinance
Site Size: ±0.82 Acres – suitable for expansion or redevelopment
Ideal For: Cannabis office, compliance center, or future dispensary (pending approvals)
Utilities & Access: On-site parking, public utilities, and high-visibility access
💡 Summary of Opportunity
✅ 3,000 SF Class A Office on 0.82 Acres
🏗️ Redevelopment or Expansion Potential (Commercial/Mixed Use)
🌿 Zoned for Cannabis-Related Operations
💼 Ideal for Law Firm, Medical Practice, or Cannabis Business HQ
📍 Accessible North Jersey Location | Route 23 Corridor
💰 Flexible Owner/User or Investment Opportunity
Offered Exclusively by Licensed Agents / Brokers
Listing #8033






